Permira has finalised a deal to acquire loss-making Tilney from Deutsche Bank. The firm said it plans to create a standalone UK wealth manager with £9bn of assets under management, following the acquisition of Bestinvest in November.

FUNDRAISING & INVESTOR RELATIONS

In Limited Partner magazine...

Real estate – the new bond

Real estate is seen as a safe haven. But massive capital inflows are driving pricing to unjustifiable levels in core markets. As leverage creeps back up, is investment in the sector built on solid foundations?